Boyd Group Services (TSE:BYD) Given New C$290.00 Price Target at TD Securities

Boyd Group Services (TSE:BYD) had its target price lifted by TD Securities from C$270.00 to C$290.00 in a research note released on Thursday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also recently issued reports on BYD. Royal Bank of Canada reduced their price objective on Boyd Group Services from C$306.00 to C$280.00 and set an “outperform” rating for the company in a report on Wednesday, October 23rd. CIBC boosted their price target on Boyd Group Services from C$252.00 to C$272.00 and gave the company an “outperform” rating in a research note on Monday, January 13th. Raymond James cut their price target on Boyd Group Services from C$295.00 to C$285.00 in a research note on Thursday, November 7th. National Bankshares cut their price target on Boyd Group Services from C$270.00 to C$245.00 in a research note on Wednesday, November 6th. Finally, BMO Capital Markets cut their price target on Boyd Group Services from C$260.00 to C$250.00 in a research note on Wednesday, November 6th. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Boyd Group Services presently has a consensus rating of “Buy” and a consensus target price of C$279.75.

Boyd Group Services Trading Up 1.5 %

Shares of TSE:BYD opened at C$240.44 on Thursday. Boyd Group Services has a 12-month low of C$198.61 and a 12-month high of C$324.75. The stock has a market cap of C$5.16 billion, a PE ratio of 64.12, a P/E/G ratio of -56.72 and a beta of 0.99. The business has a 50 day moving average of C$217.49 and a 200-day moving average of C$220.22. The company has a quick ratio of 0.30, a current ratio of 0.61 and a debt-to-equity ratio of 146.14.

Boyd Group Services (TSE:BYD) last issued its quarterly earnings data on Tuesday, November 5th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.66 by C($0.46). Boyd Group Services had a return on equity of 7.21% and a net margin of 1.93%. The firm had revenue of C$1.03 billion for the quarter, compared to the consensus estimate of C$1.03 billion. As a group, equities research analysts forecast that Boyd Group Services will post 7.1452646 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Robert Berthold Espey purchased 200 shares of the stock in a transaction dated Tuesday, November 26th. The stock was bought at an average cost of C$220.00 per share, for a total transaction of C$44,000.00. Corporate insiders own 0.37% of the company’s stock.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.